

Reported by Star-Bulletin staff & wire
Wednesday, April 16, 1997

Fourteen experts in law, insurance, management and accounting will speak on critical issues facing local condominium associations at Condorama II on May 3. Condo groups' meeting
to include 14 expertsTopics include "White Collar Crimes in the 90s -- How Safe is Your Money," "Why Boards Get Sued," "The One-Hour Productive Board Meeting," and "Ask the Experts." The conference is scheduled for 8 a.m. to noon at the Hilton Hawaii Village, Tapa ballroom I. A trade show will be held from noon to 1 p.m and a bonus session, "How to Solve the Insurance Puzzle," will be held at 1:15 p.m.
Condorama II is sponsored by the Hawaii chapter of the Community Associations Institute and the Hawaii Real Estate Research and Education Center.
Registration fee is $40 for those postmarked on or before April 19. The fee is $50 after April 19 and $60 at the door. For more information, contact Suzette Pa at 488-1133.
DALLAS -- American Airlines pilots soon will receive ballots to vote on a proposed labor contract between their union and the nation's largest domestic carrier. American Airlines pilots
to vote on contractThe ballots are scheduled to be mailed today by an independent third party certifying the voting results, according to the Allied Pilots Association. The vote will be tallied on May 5.
Earlier this month, the union's executive board voted 12-6 to put the current proposal before American's 9,300 pilots.
Under the proposal, the pilots would get raises totaling 9 percent through 2001 and increased stock options.
Corporate earnings
DEARBORN, Mich. -- Ford Motor Co. said today its first-quarter profit more than doubled from a year ago to $1.5 billion with a better-than-expected improvement in its automotive operations. The No. 2 automaker's earnings equaled $1.22 a share, up from $653 million, or 54 cents a share, in the first quarter of 1996.
HOUSTON -- Compaq Computer Corp. today reported that its first-quarter profits jumped a better-than-expected 66 percent, strengthened by 14 percent growth in sales. The world's largest maker of personal computers said it earned $387 million, or $1.36 a share, up from $234 million, or 85 cents a share in last year's quarter.
NEW YORK -- Philip Morris Cos. said its first-quarter earnings rose 13 percent on improved sales of cigarettes and food. The maker of Marlboro cigarettes, Kraft foods and Miller beer said net income rose to $1.77 billion, or 73 cents a share, from $1.57 billion, or 63 cents, in the year-earlier period.